Meeting Overview The meeting featured a presentation by Eric Zonsherb, the CEO of GR Silver, discussing the company's performance, project developments, and future outlook in the silver mining sector. Key highlights included updates on the Plumosis Project and the San Marcial area, along with insights into market trends for silver. Key Discussion Points - Overview of GR Silver's performance in 2021 and 2022, highlighting challenges in the junior mining sector. - Discussion on the potential for silver in 2023, driven by industrial demand and declining inventories. - Details about the Plumosis Project, including its location, historical significance, and geological advantages. - Update on drilling activities, with over 19,000 meters drilled and approximately 240 holes completed. - Announcement of an upcoming resource update for both the Plumosis and San Marcial projects expected in Q1 2023. - Exploration of geological structures and their implications for resource expansion in the San...
Mr. Zaunscherb is a Canadian geologist with over thirty-two years, and six cycles, of experience as a mining analyst. He most recently served as Managing Director, Research – Metals & Mining Analyst at Canaccord Genuity where he co-ordinated the firm’s global mining equity research team. He has enjoyed experiencing best practices in Capital Markets at several leading firms, and reviewing and evaluating hundreds of exploration, development, and mining projects globally. He embraces new technologies and industry initiatives in diversity and socially responsible investing, ensuring that local communities receive lasting benefits from mineral resource development.
Replay transcript excerpt
Speaker 1: Hello everyone and welcome to GR Silver's live summit today, hosted by 6. I'm pleased to introduce the chairman and CEO of GR Silver, Eric Zonsherb, who's joining us to present a presentation Speaker 1: and afterwards go into a live Q&A Speaker 1: session. So be sure to ask him questions in the Q&A chat found on the right-hand side of your screen, if you have any for him. And because this is an event on 6, recording is gonna be available in the coming days on six.com Speaker 1: on demand viewing. So be sure to check that out. But Eric, I want to pass things over to you so that you can get started. Speaker 2: Thank you very much, Cam. Really appreciate being here and, and welcome everyone really appreciate your attendance as well. It's been a spectacular Speaker 2: year for GR Silver, I have to say, and obviously I'm biased, I'm a shareholder and the position that I have, Speaker 2: so I'm very, very pleased to be here. So Speaker 2: let's start by saying that 2021 Speaker 2: wasn't necessarily our best year from share price performance. Speaker 2: 2022 Speaker 2: has been a very ugly year, Speaker 2: not for us specifically necessarily, Speaker 2: but certainly Speaker 2: as a general comment. Speaker 2: As a former analyst, this has been 1 of the worst years in 40 years in the junior mining space. Speaker 2: Obviously we are looking at a different market coming up in 2023. Speaker 2: We are looking at the potential for silver to do extremely well Speaker 2: as we see a potential pivot for the US Fed coming up. Silver also has a very strong industrial component, about half demand is industrial and in total of about 12 to 15% of silver demand Speaker 2: is Speaker 2: for photovoltaics, Speaker 2: so used in solar panels. Speaker 2: That's a very important g...
